Africa-Press – Mozambique. BCI has been selected as Largest Custodian Bank per ownership of registered securities at the Central Securities Depository of the Mozambique Stock Exchange (BVM).
The award ceremony took place in Maputo on November 17, at a ceremony in which other institutions were also awarded for their contribution to the capital market.
“I would like to very clearly praise this distinction on the part of BVM de Moçambique, which reflects our strong commitment to supporting the dynamization of the capital market in Mozambique,” said Francisco Costa, President of the Executive Committee of BCI.
“The honour of receiving this award is also significant from the point of view of valuing the work we have developed and which has deserved several distinctions by national and international institutions of reference,” he added.
The BCI CEO also stated that “with 25 years of existence, BCI is one of the main financial institutions in Mozambique, holding the top position in the banking system in terms of volumes of credit, deposits and assets, and with the largest commercial network in the country”.
He further indicated that, in a year full of challenges, in which one of the key words was resilience, BCI had received, just to highlight a few examples, the award for ‘Best Bank in Mozambique – 2021’; ‘Best Bank in Mozambique for Small and Medium Enterprises (SME)’, from Global Finance magazine; ‘Best Commercial Bank – Mozambique’ and ‘Best Private Bank – Mozambique’ by North American World Economic Magazine – “distinctions which naturally fill us with pride, but also add to our responsibility as a bank of excellence”, Francisco Costa concluded.
Prizes awarded by the Mozambique Stock Exchange acknowledge the efforts and contributions to the growth of the national financial system by selected players in the capital market.